American Rescue Plan Act of 2021 and Employee Benefit Plans: Next Steps for Plan Sponsors and Administrators
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will provide employee benefits counsel, sponsors, and administrators an in-depth analysis of the impact of the American Rescue Plan Act of 2021 (ARPA) on employee benefit plans. The panel will discuss critical provisions of ARPA for plan sponsors and administrators and the impact on qualified retirement plans, pensions, and group health plans. The panel will also discuss critical next steps for employers in light of ARPA.
Outline
- Health and welfare benefits
- Pension plans
- Executive compensation and Sec. 162(m)
- Challenges and next steps for plan sponsors and administrators
Benefits
The panel will review these and other key issues:
- What are the key provisions, challenges, and opportunities of the 2021 American Rescue Plan Act?
- What is the impact on retirement plan administration?
- What relief has been provided to multiemployer pension plans and single-employer plan sponsors under ARPA?
- What are the challenges for health and welfare plans?
- What are the necessary next steps by plan sponsors and administrators?
Faculty
Kathryn Bakich
Senior Vice President, Health Compliance Practice Leader
The Segal Group
Ms. Bakich is one of the country’s leading experts on employer sponsored health coverage. She specializes in... | Read More
Ms. Bakich is one of the country’s leading experts on employer sponsored health coverage. She specializes in providing research and analysis on federal laws and regulations affecting health coverage, including ERISA, Medicare, HIPAA, COBRA, the Newborns’ and Mothers’ Health Protection Act, the Mental Health Parity Act and the Women’s Health and Cancer Rights Act.
CloseIsrael Goldowitz
Partner
The Wagner Law Group
Mr. Goldowitz has more than 35 years of experience in employee benefits, most notably with mergers and acquisitions,... | Read More
Mr. Goldowitz has more than 35 years of experience in employee benefits, most notably with mergers and acquisitions, restructuring, and bankruptcy as they affect pension plans. As the Chief Counsel for the Pension Benefit Guaranty Corporation (PBGC), he led the legal teams that helped save the pensions of such companies as Chrysler and American Airlines. Working closely with financial analysts, actuaries and outside advisors, Mr. Goldowitz also led the legal teams that negotiated pension protections with such companies as Sears and Gannett, lending to his unique experience in the mitigation of risks to pensions resulting from corporate transactions, including mergers, acquisitions, secured borrowing and downsizing.
CloseDavid C. Olstein
Partner
Hogan Lovells
Mr. Olstein’s practice focuses on the fiduciary responsibility provisions of ERISA and the prohibited transaction... | Read More
Mr. Olstein’s practice focuses on the fiduciary responsibility provisions of ERISA and the prohibited transaction excise tax provisions of the Internal Revenue Code. He has an extensive background advising financial institutions, plan sponsors, and investment committees on ERISA matters, including compliance with ERISA’s fiduciary duty and prohibited transaction rules, in connection with the investment of pension plan assets. Mr. Olstein regularly advises fund sponsors on the application of ERISA’s “plan asset” rules as they relate to the establishment and operation of private investment funds. From representing issuers and underwriters in connection with marketing securities to investors, to advising plan sponsors and independent fiduciaries in connection with the selection of annuity providers, he offers substantial experience at the intersection of ERISA and fiduciary responsibility. Mr. Olstein is an active member of the American Bar Association’s Section of Taxation and the New York City Bar Associati
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